SRO 190203a(I)/2003
SRO 190203a(I)/2003Refunds and drawback
SRO 190203a(I)/2003 is a Customs SRO dated 19 February 2003. FBR lists it without a title.
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. Check the official PDF before relying on any wording or figure.
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GOVERNMENT OF PAKISTAN
REVENUE DIVISION
CENTRAL BOARD OF REVENUE
Islamabad the 19TH FEB, 2003
NOTIFICATION
(CUSTOMS)
S.R.O. (I)/2003-: In exercise of the powers conferred by clause (c) of section
21 of the Customs Act 1969(IV of 1969 and in superssion of its notification no
S.R.O.838(I)/2002, dated the 23rd nov , 2002 the central board of revenue is pleased to
authorize repayment of custom duties to the extent specified in column (4)of the table below
paid on the importation of the raw material specified in column (1) of the said table and used in
production or manufacture of the goods specified in column (2) of that table and exported
during specified in column (3) thereof, subject to the following conditions , namely:-
1. The goods have been manufactured according to the formula duly furnished to the
central board of revenue showing the quantity of various imported raw material
specified in col(1) of the said table and used in the production or manufacture of the
goods specified in colunn (2) thereof;
2. The manufacturers maintain proper record of the goods manufacture in accordance with
the formula referred to in sub-paragraph (i) and produces, on demand, such records
and other evidence may be required by the Central Board of revenue to satisfy itself that
the imported raw material have been used in accordance with formula:
3. The manufacture goods are exported out of Pakistan and an application for repayment
of customs-duties is presented to the proper officer of Customs with in two hundred
and ten days of such exportation or of the publication of this notification or with in one
hundred and eighty days from the dated of realization of foreign exchange a shown in
bank credit advice issued in accordance with the relevant regulations of the State bank
of Pakistan in force for the time being, whichever is later:
4. The exporter makes a declaration on the face of the original shipping bill or other export
documents to the effect that he would claim repayment of the Customs duties paid on
the imported raw materials used in the production or manufacture of the goods being
exported; and
5. The repayment of custom duties at the rate specified shall be allowed provided that the
goods exported are manufactured with the same constituents of which the rate of
repayment is notified and the manufacturer-cum- exporter
a.) Any change in the prices of the imported raw materials:
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b.) Any change in the composition of the manufactured goods to be exported ; and
c.) Use of any indigenous raw material in place of the imported raw materials.
2.) Repayment of Custom duties authorize by this notification shall only be allowed
against showing of documents of imported compound PVC compounds (cable
grade).
The following goods produce or manufactured and exported by M/S Pakistan
Cables Limited.
TABLE
Raw materials imported Goods produced period Extent of
or manufactured. repayment of
custom-duties
(1) (2) (3) (4)
1.Electrolytic PVC insulated 10.50 % of the fob
copper cathode. cables (genersl 24.07.1999 to 30- value
wiring ) (single 06-2001
core to 4 core
upto 10 mm sq.
2.PVC compound from 01-07-2002 7.80% of the fob
cable grade. to30-06-2002. value
From 01-07-2002 12.90% of the fob
to 23-11-2002 value
1.electrolytic From 24-07-1999 8.85% of the fob
copper cathode. Pvc insulated To30-062001. value
2. PVC power cables or From01-072001to
compound cable armoured power 30-06-2002 5.33% of the fob
grade. cables for value.
3. aluminium rod underground from01-07-2002
to draw aluminium installation or to23-11-2002 6.62% of the fob
wire for power cables value.
armouring. insulated with
4.propylene tape cross linked poly
or film. ethylene (single
5.polyethylene core to 4 core
compound. over and above
6.polyethylene. 10mmsq).
7.semiconducting
tape.
8.copper foil or
tappe .
9polypropylene or
filler yarn.
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1.DBTDL (tinstab
bl 277).
11.triganox.12.
VTMOS silane a-
171 .
13.poly kote.
14.steel wire.
1.electrolytic 3.PVC insulated From 24-07-1999 7.42% of the fob
copper cathode. cables (control to 30-06-2001. value.
2.PVC compound and special From 01-07-2001
cable grade. cables)core and To 30-06-2002 5.3% of the fob
above From 01-07-2002 value.
To 23-11-2002. 8.55 % of the fob
value.
[C.No .3(89) rebate /98.]
MOHD NADIR KHAN HOTI
CHIEF(DUTY DRAW BACK SYSTEM)
DATED 03-01-2003
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